https://www.marketindex.com.au/news/pilbara-minerals-ceo-beware-the-short-squeeze-prices-can-turn-quicklyPilbara Minerals CEO: Beware the short squeeze, prices can turn quickly
Pilbara Minerals CEO Dale Henderson talks about the companies latest results and navigating a period of significantly lower lithium prices
The company is continuing to increase production at its Pilgangoora project, meeting targets such as the P680 and P1000 initiatives on time and within budget
Pilbara Minerals remains profitable at current lithium prices, although significantly lower than peak prices, and maintains a substantial net cash buffer of $1.8 billion
CEO Dale Henderson's approach to the current situation is focused on excelling in areas under the company's control and avoiding distractions from external factors
Henderson acknowledges the potential for short sellers to target Pilbara shares, hinting at the possibility of a "short squeeze" and warning against betting against the company
https://www.marketindex.com.au/news/pilbara-minerals-ceo-beware-t...
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Last
$4.05 |
Change
-0.095(2.29%) |
Mkt cap ! $12.20B | |||
| Open | High | Low | Value | Volume |
| $4.10 | $4.13 | $4.03 | $24.78M | 6.100M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 39 | 128107 | $4.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.05 | 38189 | 21 |
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| Last trade - 11.48am 13/05/2024 (20 minute delay) ? |
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Last
$4.02 |
Change
-0.095 ( 2.55 %) |
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| Open | High | Low | Volume | ||
| $4.12 | $4.13 | $4.02 | 1479445 | ||
| Last updated 12.07pm 13/05/2024 ? | |||||
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